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June 2025 ACCA Exams

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ACCA P1 Chapter 3 part a The Board of Directors

VIVA

ACCA P1 lectures P1 notes


Reader Interactions

Comments

  1. Nouman says

    November 2, 2013 at 10:26 am

    Dear sir,
    why formal arrangements should be in place for considering how to apply financial reporting principles??? Shouldnt the person preparing the accounts would already know these principles????

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    • MikeLittle says

      November 2, 2013 at 10:37 am

      I think I’m correct in saying that within IAS / IFRS there are a number of situations where alternative treatments are allowed as distinct from the benchmark.

      Surely it’s important that there is some degree of formality about which alternative should be consistently followed.

      Depreciating assets over their useful life is an accounting policy. But the rate at which those assets are depreciated (straight line, reducing balance, machine hour, sum of the digits) needs to be known and formalised. And then consistently applied

      It’s ok saying the preparer already knows but without the formalities of transparency and openness, if no-one else knows, how can anyone be certain that the preparer is following selected and acceptable principles

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      • Nouman says

        November 4, 2013 at 6:01 pm

        Thank you!! 馃檪

  2. emmysil27 says

    August 23, 2013 at 4:34 pm

    Can I download the video lectures and watch them later?

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    • MikeLittle says

      November 2, 2013 at 10:31 am

      No, sorry, videos are not downloadable – it’s the only way we can keep this site free.

      Log in to Reply
  3. emmysil27 says

    August 23, 2013 at 4:33 pm

    Is anyone able to download these notes and watch them later

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    • MikeLittle says

      November 2, 2013 at 10:28 am

      You can download the notes – click on “download the course notes”

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  4. neelu123 says

    June 12, 2013 at 2:23 am

    Hi
    What is ‘The Management commentary in P1 ‘

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    • vijayhre says

      June 12, 2013 at 7:17 am

      voluntary disclosures

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  5. cody says

    June 11, 2013 at 6:32 am

    Thank you for teaching

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  6. natalie28 says

    June 10, 2013 at 3:27 am

    Hi,

    I am finish with my exams for June 2013 and want to start preparing for exams in december. Please let me know if the lectures would be chaninging for p1 or I can go ahead and start studying with the current lectures on open tuition.

    Thanks!

    Log in to Reply
    • MikeLittle says

      June 10, 2013 at 5:00 pm

      Hi Natalie

      There’s not likely to be any changes between now and December 2013, so you can safely start straight away 馃檪

      Log in to Reply
      • natalie28 says

        June 13, 2013 at 3:31 am

        Thank you mike. I ‘m glad. These lectures are really interesting thus far.

  7. medsin2 says

    March 23, 2013 at 4:43 pm

    Lectures are brilliant and easy to follow. I have not had a single problem with the quality of the video. Guys pls check your Internet connections make sure u v upto date updates of your PC. Well presented lectures. Bravo

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  8. hasanali95 says

    March 20, 2013 at 3:03 pm

    Admin:pls tell me how to print ot notes?cz i cudnt see a print option.

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    • admin says

      March 20, 2013 at 4:33 pm

      Download then print

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  9. busyacat says

    November 22, 2012 at 2:32 pm

    Haha.. Person-chester United.. 馃榾

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  10. bnjoroge says

    October 16, 2012 at 12:17 pm

    very easy to understand and follow. much appreciated.

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  11. vivacious says

    June 26, 2012 at 8:00 pm

    sometimes the writings are not clear. could you please do something about for me.

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  12. leslieokomi says

    March 28, 2012 at 11:43 pm

    the video keeps on streaming and sometimes cuts off when am in the middle of a lecture. can you help?

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    • admin says

      March 29, 2012 at 6:18 am

      press play and restarts from any point in the lecture

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      • adeolabenjy says

        March 3, 2013 at 10:51 pm

        Hello Admin,

        Are these lectures valid for June 2013 Exams?

        Regards

      • hasanali95 says

        March 20, 2013 at 3:05 pm

        Admin:is it valid for 2013?

      • admin says

        March 20, 2013 at 4:32 pm

        Yes it is still ok for June

  13. tiffany2012 says

    March 17, 2012 at 10:09 pm

    funny and informative

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  14. f2010 says

    March 11, 2012 at 3:52 pm

    Excellent lecture

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  15. bettylzl says

    February 16, 2012 at 8:54 am

    Thanks. It’s very useful.

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  16. reza786 says

    November 22, 2011 at 6:34 am

    Really 5 star..good job man..

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  17. nailya1908 says

    November 16, 2011 at 3:23 pm

    Thank you very much for the lecture!!!

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  18. haslankam says

    August 19, 2011 at 12:24 am

    The lecture is well understood and i do not need any more lecture than this instead i need to read the text and back it up with past question.

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  19. veracutler says

    June 11, 2011 at 8:41 am

    P1 video lecture is imposible to watch or listen as it is would not open for about 30min and when it has finally opened it stops every 2 min 馃檨

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    • admin says

      June 11, 2011 at 12:42 pm

      The problem is your internet connection to the site, not the lecture!

      Log in to Reply
  20. wnijaliyas says

    February 24, 2011 at 5:51 pm

    very useful

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